In a person's self-discipline lies infinite possibilities; the degree of your self-discipline determines the height of your life.
There are no shortcuts in life, but every step you take counts.
The more diligent, the more effort; the more self-disciplined, the more excellent. I am Zhou Yueying, focusing on the trend analysis of mainstream coins, providing insights based on my own technical analysis of the market.
First published on the public account. Friends who want to verify their strength can follow the public account at the end of the article to find Yueying. There are daily price strategy suggestions in the Moments at irregular times. Here at Yueying, the strategy only has precise points, with no ambiguous ranges or nearby levels. Friends who like Yueying can click to follow. Let’s see today’s sharing!
Bitcoin Technical Analysis ————
Looking at Bitcoin's daily chart, the previous candle closed bullish, breaking the 7-day moving average, rebounding to around 68800, facing resistance and adjusting downwards. The market opened today with a pullback around the 7-day moving average, the Bollinger Bands are opening upwards, the short-term moving averages are trending upwards, and the MACD fast and slow lines are turning downwards with a continuous decrease in volume. The VR indicator is consolidating around the 100 value. On the 4-hour chart, the early morning candle closed with an upper shadow, pulling back to the middle band for support and a slight rebound. The Bollinger Bands are flattening, the short-term moving averages are forming resistance, and the MACD fast and slow lines show weakened momentum after breaking the 0 axis, indicating signs of turning. The volume bars are decreasing, and the VR indicator is consolidating around the 80 value. Overall, the rebound strength last night exceeded expectations; although it broke the 68000 level, the resistance around the previous high is still effective. Therefore, short-term rebound tests can still consider entering short positions, with support below referencing the 66500-66000 range. Looking at short-term suggestions.
Bitcoin Short-term Suggestion: Short at 69000, Long at 66600 (Activate strategy and manage profits on your own)
Ethereum Classic Technical Analysis ————
Ethereum Classic was linked to Bitcoin last night but deviated. Bitcoin's rebound strength was stronger than Ethereum Classic, so the result is that yesterday's article's short-term suggestion for Bitcoin was not ideal, but the long position at 2468 for Ethereum Classic was perfectly activated and executed, with the market starting to rebound around 2460, currently showing a space of over 80 dollars. Today is Friday; if the 2600-2450 range cannot be broken, then the weekend will continue to maintain a view of oscillation and adjustment within this range. Looking at short-term suggestions.
Ethereum Classic Short-term Suggestion: Short at 2580, Long at 2488 (Activate strategy and manage profits on your own)
—— I am Zhou Yueying, a teacher focused on technical analysis. Friends who have any questions about operations or trends can communicate and learn with me! Let’s exchange ideas and profit together! Public account: I am Zhou Yueying
There may be delays in article publication review, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the individual! The market changes daily; what I can do is use my years of practical experience to provide some slight assistance, guiding your investment decisions and management on the right path. Meeting is fate; I am a person who believes in fate. If you have any doubts in the cryptocurrency world, you can pay more attention to Zhou Yueying, and I believe it will be helpful to you.
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